Raises, News & the Biggest Moves in Venture — All in One Place

Aug 13, 2026

Polymarket Acquires Turf's Six-Person Team To Enhance Live Sports Features

Polymarket has acquired Turf’s six-person team, adding the creators of a real-time NFL prediction app to build out live sports features across its U.S. platform. The deal is part of a broader push by CEO Shayne Coplan’s prediction market company to scale ahead of major demand drivers, including the NFL season and upcoming midterm elections, while expanding its product and operational capabilities. HQ: New York City, New York #VentureCapital #Polymarket #TradedVC

Aug 13, 2026

Databricks Secures $5 Billion Funding Round Led By Coatue At $190 Billion Valuation

Databricks has closed a $5 billion strategic funding round at a $190 billion valuation, one of the largest private technology financings to date, as investors continue to back enterprise AI infrastructure. The data and AI software company, led by CEO Ali Ghodsi, has surpassed a $7 billion revenue run rate and plans to use the capital to expand AI products including Unity AI Gateway, Lakebase, and Genie, while supporting hiring and acquisitions. Coatue led the round alongside Blackstone, MGX, T. Rowe Price, and Sixth Street, with the latest raise marking a significant valuation increase from its $134 billion funding round six months earlier. FOUNDERS: Ali Ghodsi, Ion Stoica, Matei Zaharia, Patrick Wendell, Reynold Xin, Andy Konwinski & Arsalan Tavakoli-Shiraji INVESTORS: Coatue, Blackstone, MGX, T. Rowe Price & Sixth Street AMOUNT: $5,000,000,000 VALUATION: $190,000,000,000 HQ: San Francisco, California #VentureCapital #Databricks #AliGhodsi #TradedVC

Aug 13, 2026

Tom Brady's CardVault Secures Strategic Investment From Sports And Business Leaders For Growth Phase

CardVault by Tom Brady has announced its first strategic investor group, bringing together major names across sports, business and entertainment, including Gerry Cardinale, JAY-Z, Egon Durban, Greg Mondre, Adam Edmunds, Lee Fixel, Todd Graves, Wyc Grousbeck, John Henry, Linda Henry, Aaron Judge, The Kraft Group, Connor McDavid, Ben Rawitz, Shadow Lion and Dana White. The investment will support CardVault’s next growth phase, including new store openings, automated retail expansion, and investments in technology, supply chain and digital commerce. Since Tom Brady acquired a 50% stake in February 2025, CardVault has expanded from three stores to 17 locations nationwide, with a long-term goal of reaching more than 100 locations. FOUNDERS: Ed Kane, Randy Greenstein, Chris Costa, Tim Bonito & Scott Heigelmann HQ: Boston, Massachusetts #VentureCapital #CardVault #TomBrady #TradedVC